RHOA Update: Phaedra Parks Linked To Apollo Nida’s Fraud Case

Real Housewives of Atlantafans buckle up because it appears that things just got bumpier for one of our favorite couples! According to Radar Online, Phaedra‘s name has been implicated in Apollo‘s alleged identity theft and bank fraud case. While many have speculated that Phaedra could easily not have been aware of what was reportedly taking place with her husband court documents show her name listed in some of the companies that Apollo had business dealings with…thus making her a potential target for the prosecutors.

According to documents from the Georgia Secretary of State corporations database Phaedra is said to be listed as a founding officer, with Nida, of several businesses including “National Recovery Group, Inc.,” “Nida, Inc.,” “Nida Fitness Inc.,” and Nida Group, Inc.”

None of these companies are listed as targets in Apollo’s case which is a good thing. However, it does make it appear that Phaedra had knowledge of her husband’s business dealings…which is not so good if by chance she needs to defend herself by saying that she simply didn’t know what her husband was doing.

The complaint against Apollo says,

“When i describe these businesses as fake, what I mean is that while they may have been validly organized as entities wit the Georgia Secretary of State, they existed for a purpose other than the apparent business purpose implied by the entity name. In other words, I believe [they] were set up for the purpose of obtaining access to LexisNexis, Equifax, and similar databases.”

National Recovery Group, which Parks is linked to above, was allegedly a debt collection agency like many businesses named in the complaint. See what we mean? Not a good look.

Phaedra has not been charged by prosecutors thank goodness. The mother of two small boys is not in danger thus far but who knows what else is being investigated. And despite what reports out there are saying she has not been and is not currently being disbarred by the Georgia State Bar.

A rep for the Georgia State Bar told Radar Online that,

“She is an active member and has no public discipline. She has never been disbarred or suspended and is a member in good standing.”

We sure hope it stays that way.

Phaedra is supposed to sit down with Bravo! Andy on Watch What Happens Live sometime soon…stay tuned!